Ericsson Resells Airspan

BOCA RATON, Fla. -- Airspan Networks Inc (NASDAQ: AIRN) today announced that it has signed a General OEM Purchasing Agreement with Ericsson (NASDAQ: ERICY), the leading telecom supplier, covering the distribution and sale of Airspan's AS.MAX family of WiMAX broadband wireless access products. The Agreement gives Ericsson worldwide rights to resell Airspan’s HiperMAX, MacroMAX and MicroMAX base-station products, as well as EasyST and ProST customer premise equipment.

Commenting on the agreement, Eric Stonestrom, President and CEO of Airspan Networks, said: "Interest in our AS.MAX portfolio continues to grow since we announced it at CeBIT in March this year. We are very pleased that Ericsson, a leader in wireless technologies, has chosen to add this portfolio to its product line up. Ericsson is already a leading supplier of access and transport products to many of the world’s largest carriers. Together, we will be able to bring truly innovative access solutions to customers in Ericsson’s key markets.”

Airspan’s AS.MAX product family has been designed for indoor, self-installable deployment of customer premises equipment, an essential requirement of operators for the economic rollout of broadband wireless. The EasyST is the first product of its type to offer fully indoor plug-and-play WiMAX services. The product family will be commercially available in the third quarter 2005.

Ericsson AB